UWL, a leading American-owned non-vessel operating common carrier (NVOCC), has announced a strategic vessel-operator partnership with Emirates Shipping Line (ESL), based in the United Arab Emirates. This move is set to elevate the capabilities of...

There’s something undeniably enchanting about sailing aboard a tall ship. As Amy Bell reflects in the Financial Times, the magic lies not only in the beauty and historical significance of the vessels but also...

The Ministry of Oceans and Fisheries of Korea has announced the launch of a feasibility study for creating a green shipping route between Korea and Australia. The initiative marks a significant move toward zero-carbon...

American Bureau of Shipping (ABS) has launched the Hellenic Ship Safety Center (HSSC) in Athens, a next-generation training facility that introduces immersive learning techniques such as virtual reality (VR), game-based scenarios, and simulated ship...

In a landmark development for India’s maritime sector, Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, officially inaugurated Sagarmala Finance Corporation Limited (SMFCL) — India’s first dedicated Non-Banking Financial Company (NBFC) in...

A new analysis by Sunday Spotlight (Issue 720) ranks the world’s deep-sea container ports based on schedule reliability, revealing surprising results that challenge traditional assumptions about global port performance. Methodology: Weighting Recency and Volume The study...

Conflict reveals supply impacts now 'taboo' Risk premiums vanish after Iranian response Market fundamentals outweigh short-term uncertainty The hesitation of Iran and Israel to disrupt crude supplies in their recent 12-day conflict – and...

Wild swings of VLCC rates appear to be over for now Normal tanker operations gradually resume Geopolitics, GNSS interference still pose risks Oil shipping rates are facing downward pressure from seasonal demand weakness after...

Drewry's World Container Index drops 9% for second week Shangai-US West Coast shipping rates dive to $2,500 from $6,000 US Fed Chief Powell sees tariff inflation starting this summer Rates for shipping cargo containers...

Shipping costs for the Gulf have fallen after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources said on Thursday. The conflict had raised...